Money Rehab with Nicole Lapin

I Put My Toddler on Payroll. Here's Why.

September 2, 2026·15 min·4-min readsoloself improvement
Podzilla Summary (4 min)
TLDR
To set your child up for long-term wealth, start early with tax-advantaged accounts like a custodial Roth IRA, 529 plan, and brokerage account. By legally paying your child for legitimate work through your business, you can fund their Roth IRA with tax-free growth potential—potentially tu

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Guest

C

Carlton Dennis

solo on Money Rehab with Nicole Lapin

Mentions

Books, people, and resources mentioned in this episode.

People

NicoleLaurenCarlton Dennis

Companies

Private Wealth Collective

Products & Tools

Custodial Roth IRA529 Plan

Topics

EntrepreneurshipFinancial IndependenceInvestingParentingPersonal FinanceTaxes

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